stay with us. you're watching a very animated version of "your money." >>> okay, i got the panel back. i want to get right into it. steven moore points out that california is a bad example because state tax rates are so high in order to pay for some of the investments they've made. your response? >> so i would say, just do the math. do the math. everybody agrees that in order for us to improve our prospects, we need the following. we need tax reform, renewe need entitlement reform. in order to close the gap, we also need certain tax rates to go up and we need certain spending to be cut. and finally, in order for this to be sustainable, we need to wrap it up with other issues that address ability to grow. the labor market, credit, infrastructure. so i will tell you it's not about a partial solution, it's about a holistic solution that's going to involve a lot of steps, including higher tax rate, because that's what the math tells you. >> so david, stephen moore says when are we going to deal with it